Hongda (600331) — Tangible Net Worth Ratio
Hongda (600331) has a Tangible Net Worth Ratio of 97.5% as of June 2026. This metric is calculated by deducting intangible assets (CN¥79.44 Million) from net assets (CN¥3.13 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore 600331 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hongda Tangible Net Worth Ratio (1998–2025)
This chart shows how Hongda's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 97.5%, reflecting net assets of CN¥3.13 Billion with intangible assets of CN¥79.44 Million CNY. Check 600331 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Hongda (1998–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Hongda from 1998 to 2025, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Hongda stock valuation.
| Year | Tangible NW Ratio | Net Assets (CNY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.6% | CN¥3.17 Billion | CN¥76.22 Million | CN¥3.62 Billion | ▲ +15.1 pp |
| 2024 | 82.5% | CN¥389.85 Million | CN¥68.29 Million | CN¥2.28 Billion | ▲ +5.2 pp |
| 2023 | 77.3% | CN¥320.10 Million | CN¥72.65 Million | CN¥2.14 Billion | ▼ -3.7 pp |
| 2022 | 81.0% | CN¥413.54 Million | CN¥78.44 Million | CN¥2.35 Billion | ▲ +10.3 pp |
| 2021 | 70.7% | CN¥349.05 Million | CN¥102.17 Million | CN¥2.26 Billion | ▲ +219.7 pp |
| 2020 | -149.0% | CN¥49.11 Million | CN¥122.30 Million | CN¥2.33 Billion | ▼ -243.4 pp |
| 2019 | 94.4% | CN¥2.30 Billion | CN¥127.68 Million | CN¥4.65 Billion | ▼ -0.1 pp |
| 2018 | 94.5% | CN¥2.26 Billion | CN¥123.39 Million | CN¥4.80 Billion | ▼ -0.9 pp |
| 2017 | 95.5% | CN¥5.80 Billion | CN¥261.38 Million | CN¥9.52 Billion | ▲ +0.7 pp |
| 2016 | 94.8% | CN¥5.44 Billion | CN¥283.55 Million | CN¥10.28 Billion | ▲ +0.8 pp |
| 2015 | 94.0% | CN¥5.30 Billion | CN¥320.71 Million | CN¥10.24 Billion | ▲ +0.5 pp |
| 2014 | 93.5% | CN¥5.27 Billion | CN¥343.19 Million | CN¥10.50 Billion | ▲ +18.0 pp |
| 2013 | 75.5% | CN¥1.49 Billion | CN¥364.57 Million | CN¥7.88 Billion | ▼ -0.8 pp |
| 2012 | 76.3% | CN¥1.63 Billion | CN¥386.94 Million | CN¥8.08 Billion | ▼ -2.8 pp |
| 2011 | 79.0% | CN¥1.99 Billion | CN¥416.06 Million | CN¥9.29 Billion | ▲ +0.6 pp |
| 2010 | 78.4% | CN¥2.03 Billion | CN¥438.28 Million | CN¥10.31 Billion | ▼ -4.2 pp |
| 2009 | 82.6% | CN¥2.25 Billion | CN¥391.97 Million | CN¥8.66 Billion | ▲ +1.1 pp |
| 2008 | 81.5% | CN¥3.06 Billion | CN¥565.15 Million | CN¥7.35 Billion | ▼ -5.6 pp |
| 2007 | 87.1% | CN¥4.57 Billion | CN¥590.52 Million | CN¥7.95 Billion | ▲ +10.0 pp |
| 2006 | 77.1% | CN¥2.24 Billion | CN¥511.59 Million | CN¥5.76 Billion | ▼ -9.2 pp |
| 2005 | 86.4% | CN¥1.28 Billion | CN¥175.06 Million | CN¥4.04 Billion | ▼ -8.4 pp |
| 2004 | 94.8% | CN¥1.05 Billion | CN¥54.82 Million | CN¥2.79 Billion | ▲ +0.7 pp |
| 2003 | 94.1% | CN¥932.40 Million | CN¥54.65 Million | CN¥2.26 Billion | ▼ -0.1 pp |
| 2002 | 94.2% | CN¥695.88 Million | CN¥40.01 Million | CN¥1.44 Billion | ▼ -1.3 pp |
| 2001 | 95.5% | CN¥661.78 Million | CN¥29.45 Million | CN¥1.13 Billion | ▲ +8.7 pp |
| 2000 | 86.8% | CN¥217.33 Million | CN¥28.60 Million | CN¥521.45 Million | ▲ +3.0 pp |
| 1999 | 83.8% | CN¥180.75 Million | CN¥29.20 Million | CN¥445.12 Million | ▼ -10.6 pp |
| 1998 | 94.5% | CN¥161.38 Million | CN¥8.88 Million | CN¥394.81 Million | — |